An update from Constellation Brands ( (STZ) ) is now available.
Constellation Brands has demonstrated robust performance with its beer business driving mid-single digit net sales growth and double-digit operating income growth, outpacing the consumer packaged goods (CPG) sector. The company has met its net leverage ratio target and returned approximately $250 million to shareholders through share repurchases. Despite a challenging macroeconomic environment, Constellation’s beer segment remains the top share gainer in the industry, with impressive sales for Modelo Especial and Pacifico, while also making significant marketing investments and expecting continued net sales growth of 6-8% for fiscal 2025.
Learn more about STZ stock on TipRanks’ Stock Analysis page.
